Region: Serbia

Final award in Bosnian power plant dispute

Slovenia’s state electricity producer says it has won €58 million in interest in a final award against the owner of a coal-fired power plant in Bosnia and Herzegovina – clearing the way for a related ICSID case to resume.

07 November 2023

Serbia defeats Bulgarian miner’s ICSID claim

UPDATED WITH AWARD: An ICSID tribunal has rejected a Bulgarian company’s €35 million claim against Serbia over the alleged expropriation of an underwater coal mine.

20 September 2023

Serbia held liable in dairy farm dispute

A Canadian family has won compensation in an ICSID claim against Serbia over the expropriation of a dairy farm by Serbia's privatisation agency.

30 June 2023

Investors seek to revive claims against Serbia and Armenia

A pair of companies have applied to annul an ICSID award that rejected its €300 million treaty claim against Serbia, as an Emirati company and its US CEO also seek to revive an unrelated US$326 million claim against Armenia at the centre.

05 June 2023

Turkish group warns Serbia over e-ticket system

A Turkish transport technology company has reportedly threatened to bring a treaty claim against Serbia over a cancelled contract to provide electronic ticketing services for Belgrade’s public transport system.

21 March 2023

Serbia defeats ICSID claim over shopping centre

A split ICSID tribunal has declined to hear a €300 million claim against Serbia over a shopping centre development, finding it was an abuse of process.

01 February 2023

Croatia declares win in real estate dispute

UPDATED WITH CAST LIST: Croatia says it has defeated a €230 million claim brought by a Canadian real estate investor who sought to invoke a treaty on issues of state succession – as the state gears up for a new arbitration with Hungarian oil and gas group MOL.

17 November 2022

Real estate investors take Serbia to ICSID

Claimants apparently linked to a Canadian family of private equity investors have brought a treaty claim against Serbia over a real estate project – bringing the number of pending ICSID proceedings involving the Balkan state to seven.

01 June 2022

Serbia braces for backlash over lithium project

Serbian President Aleksandar Vučić has said he expects Anglo-Australian mining group Rio Tinto will seek international arbitration if his government goes ahead with plans to cancel a multibillion-dollar lithium exploration project that has sparked nationwide protests.

14 January 2022

Billboard bust-up leads to claim against Serbia

An outdoor advertiser had launched an ICSID claim against Serbia alleging its concession was breached when a rival was also granted permission to operate billboards in Belgrade.

18 March 2021

Unlock unlimited access to all Global Arbitration Review content